Someone Still Has to Claim a $1 Michigan Mega Million Prize
Have you ever felt like maybe you have some extra money sitting around that you just don’t know about? What if that money was a whopping $1 million. It happens. Each year, winning lottery tickets go unclaimed across the United States. I don’t know what I’d do if I found out that I won the lottery but didn’t cash in my ticket in time. It would be depressing, for sure. Now, the winner of a $1 million Mega Millions prize is coming up on their due date for claiming that prize. So, they might miss out on the big bucks.
According to the Michigan Lottery said a winner of a $1 million Mega Millions prize last year has just one month left to claim their prize. The winning ticket from the March 17, 2023, drawing was sold at the CVS Pharmacy, located at 18130 West 10 Mile Road in Southfield, according to the release. The winning ticket matched all five white balls drawn in that contest: 26-28-29-39-49.
Mega Millions tickets are good for one year from the drawing date. Because March 17 falls on a Sunday, the winner must claim the prize by 4:45 p.m. on March 15. So, what happens if they don’t get there in time? If the ticket expires, the money will go to Michigan’s School Aid Fund. The Michigan Lottery says the winner should contact the Lottery’s Player Relations division at 844-917-6325 to collect the money. Also, they must claim the prize at the Lottery’s headquarters in Lansing.
Mega Millions drawings happen every Tuesday and Friday evening. What’s more, each Mega Millions costs $2. For an extra $1 per play, “players have the opportunity to add a “Megaplier” that can multiply non-jackpot prizes by up to five times,” the Michigan Lottery explains. “Mega Millions tickets are sold in 45 states, Washington D.C., and the U.S. Virgin Islands.” For more information, visit the Michigan Lottery website here.
Tax Deductions and Credits That Could Save You Big
Standard deduction amounts
The standard deduction for 2023 is $13,850 for single or married filing separately; $27,700 for married couples filing jointly or qualifying surviving spouse; and $20,800 for head of household. “If you’re married filing separately, you can’t take the standard deduction if your spouse itemizes. You must both choose the same method,” the IRS says.
To find the standard deduction if you’re over 65 or blind, go here. To find the standard deduction if you’re a dependent on someone else’s tax return, go here.
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Deductible expenses whether you take the standard deduction or itemize
According to the IRS, you can deduct these expenses whether you take the standard deduction or itemize:
Alimony payments
Business use of your car
Business use of your home
Money you put in an IRA
Money you put in health savings accounts
Penalties on early withdrawals from savings
Student loan interest
Teacher expenses
For some military, government, self-employed and people with disabilities: work-related education expenses
For military servicemembers: moving expenses
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Deductible expenses if you itemize
According to the IRS, you can deduct these expenses if you itemize:
Bad debts
Canceled debt on home
Capital losses
Donations to charity
Gains from sale of your home
Gambling losses
Home mortgage interest
Income, sales, real estate and personal property taxes
Losses from disasters and theft
Medical and dental expenses over 7.5% of your adjusted gross income
Miscellaneous itemized deductions
Opportunity zone investment
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Frequently asked questions
Tax season can be a confusing time. There are lots of bits and piece that you have to put together. That said, the IRS has a very helpful page with frequently asked questions. Find the list of questions and answers here. As always, it’s also a good idea to get a professional to help with any questions.
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